Protecting Your Financial Life
Short version of this article: we have seen an increasing number of our clients encounter attempts at scamming them out of money. If you receive a suspicious or odd phone call or email, do not take any action (such as buying a gift card or providing any of your information) until you talk to a […]
Karie Merritt, Partner/Owner of The Wealth Group
It is with extraordinary joy and satisfaction that Austin Colby and The Wealth Group officially welcome Karie Merritt as an equity partner and owner of the firm! Karie, our Director of Client Service and Experience, has been working with Austin for ten years, making her the longest-tenured team member. She has been an invaluable part […]
Introducing: Jaron Kissner
We would like to introduce you to the newest team member at The Wealth Group: Jaron Kissner. He will be working directly under Mike Earl on the Wealth Management team. Jaron has 9 years of experience working with clients in a project management role. He and his wife Jennifer live in Jordan, MN with their daughter […]
The Disappearing Middle Class
From Mark Perry, scholar at American Enterprise Institute: “Yes, the ‘middle-class is disappearing’ as we hear all the time, but it’s because middle-income households in the US are gradually moving up to higher income groups, and not down into lower-income groups. In 1967, only 9% of US households (only 1 in 11) earned $100,000 or more (in 2017 […]
When Stocks Go On Sale
Market downturns are painful. It’s distressing to open your account statement and see the declines. But as so many of our successful clients remind themselves, “It’s not a loss unless you sell out.” Between September 28th and Christmas Eve 2019, the S&P 500 declined by 19.3%. Small-and-mid-sized US companies were hit even harder, declining by […]
Your Million Dollar Opportunity
If you want to make personal finance as simple as possible, you could boil it down to two crucial areas: housing and transportation. As we have written about in the past, these two categories of spending constitute the lion’s share of the average American family’s spending (and rightly so). These two categories account for 43.5% […]
What You Should Focus On
3 Great Ways to Keep in Touch With Us
1. Read our blog regularly. We continue to post what we feel are important updates covering both economic and market updates, as well as issues centering on behavior finance: in other words, focusing on what we have control over in the world of money. The posts are written by most everyone in the office […]
Ratios & Percentages
I frequently get asked questions like: For each family the answer to those questions is completely different. Except the car payment one: the answer is zero. For everyone. I have seven children that prefer to eat multiple meals each day. I am guessing that my monthly spend on groceries will be substantially higher than my niece who […]
Team Member Updates
Misty Tanner officially joined the team this past Monday! She will be joining Karie to help deliver the best service possible to our clients. She has 15+ years of experience in professional environments and will be a huge help to the team. Feel free to welcome her the next time you are in the office! _____________________________________________________________________________________________________________________________________________________ […]
